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Morocco Central Bank governor confirms cryptocurrency law in progress

JURIST

Abdellatif Jouahri, Governor of Morocco’s central bank, Bank Al-Maghrib, announced on Tuesday that a draft law regulating cryptocurrencies is undergoing adoption. In 2017, Morocco’s foreign exchange authority, the Office des Changes, banned cryptocurrency transactions, citing fraud risks, money laundering, and terrorism financing.

Drafting 195
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US court sentences former Mozambique finance minister to extended prison term

JURIST

Mozambiques former finance minister, Manuel Chang, has been sentenced to serve eight-and-a-half years in prison this Friday for his role in the “tuna bond” scandal by a Brooklyn court. In 2005, Mozambique’s President Armando Guebuza named Manuel Chang as Minister of Finance to lead the fight against poverty.

Finance 197
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Justices appoint lawyer to argue restitution case in the fall

SCOTUSBlog

United States as a friend of the court in support of the judgment of the U.S. United States , Kasdin Mitchell in Bowe v. United States , and Bash in this case. The Supreme Court appointed John Bash , a former assistant to the U.S. solicitor general who has argued 10 cases in the court to argue Ellingburg v.

Lawyers 104
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Israel officials deny West Bank settlement freeze

JURIST

Israel Sunday agreed to halt new settlement construction projects in the West Bank, according to a joint statement issued after a summit in Aqaba. The agreement is significant, as Israel’s recent retroactive approval of further construction and expansion in the West Bank has been widely criticised. There is and will not be any freeze.”

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US jury convicts Mozambique ex-finance minister for money laundering and $2B fraud

JURIST

A US federal jury on Thursday convicted Manuel Chang, a former finance minister of Mozambique, of conspiracy to commit fraud and money laundering for his involvement in a two billion dollar loan fraud to fund fishing projects. The charges can lead to a prison sentence of up to 20 years. Chang was extradited to New York in 2023.

Finance 197
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US imposes sanctions on multiple nations to curb Russian war capabilities in Ukraine

JURIST

The US Department of Treasury announced on Thursday a round of sanctions on 130 firms and people from Türkiye, China, and the United Arab Emirates (UAE) as it tries to restrict Russia’s access to essential tools and equipment that support its invasion of Ukraine. The sanctions also extend to three Chinese entities.

Finance 223
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Afghanistan dispatches: ‘no bank has enough money to serve its customers at the moment’

JURIST

Here, a lawyer in Kabul offers his observations and perspective on new internal security measures by the new regime and ongoing issues relating to the operation of Afghan banks. They have already frozen the bank accounts and properties of ex-government officials. Economics and Banking. Security Issues.